The Reserve Bank could deliver a rate cut by Christmas if fresh inflation forecasts from the federal budget prove correct, but billions of dollars of additional spending unveiled by Treasurer Jim Chalmers on Tuesday evening could risk stoking price pressures. Updated inflation forecasts show consumer price growth could return withinContinue Reading

The Albanese government will unveil an $11.3bn housing package, predominantly designed to boost the supply of social and affordable homes, as a centrepiece of its May 14 budget. In a tacit admission that its effort to alleviate Australia’s acute housing crisis had not been enough, Labor will inject billions ofContinue Reading

Victorians have tens of millions of dollars sitting unclaimed on the state government’s books. Some eye-watering sums have been revealed, as the state government combs through the Victorian Unclaimed Money Register ahead of the state budget next month. Treasurer Tim Pallas said everyone should check the State Revenue Office registerContinue Reading